EUR/USD
forex_trader_202879
Member Since Aug 07, 2014
406 posts
Mar 03, 2015 at 07:48
I am taking my own recommendations, and trail stopping my profit as tight as I can .1 pip I shall put this account on ice for the day, as there is enough profit for one trading session.
Member Since Nov 11, 2012
271 posts
Mar 03, 2015 at 09:06
If you read all the analysts' reports 9 out 10 of them are bearish on EUR. In fact it seems everybody in the world is bearish. I wonder why the hell those firms are not selling fresh and taking the pair close to 1.00.....LOL. EUR is more or less steady for last 2.5 days which means equal volume of buyers were also present in the market. The question is who are these people?? Are these all short coverings or fresh buy positions??
antariks1@
Member Since Apr 08, 2014
1141 posts
Mar 03, 2015 at 09:44
During the course of yesterday session, EURUSD initially rallied but enough selling pressure again at 1.1236 to turn things back around and close at the open of the day, creating a doji candle. We continue to trade in the “no man’s land” between 1.1236 downward to 1.1097.
Looks like the pair is waiting for the ECB monetary policy on Thursday and U.S jobs report on Friday.
Looks like the pair is waiting for the ECB monetary policy on Thursday and U.S jobs report on Friday.
"I trade to make money not to be right."
forex_trader_202879
Member Since Aug 07, 2014
406 posts
Mar 03, 2015 at 13:30
takechance posted:
If you read all the analysts' reports 9 out 10 of them are bearish on EUR. In fact it seems everybody in the world is bearish. I wonder why the hell those firms are not selling fresh and taking the pair close to 1.00.....LOL. EUR is more or less steady for last 2.5 days which means equal volume of buyers were also present in the market. The question is who are these people?? Are these all short coverings or fresh buy positions??
Everyone may be bearish, but you may have larger orders going long, so it would make sense to move it up in order to give them the impression that it will spike up, then reverse done. The long will come, on high impact news, and when everyone is expecting a even bigger drop.
Member Since Jul 10, 2014
1117 posts
Mar 03, 2015 at 15:10
I think EUR/USD has formed a double bottom and the doji candlestick in the daily filter chart is only reenforcing this opinion, but nothing is certain before the ECB rate decision and the US Non-Farm Payrolls.
Mar 03, 2015 at 18:45
EUR / USD recovered yesterday.
Probably, there will be very soon, sellers to challenge the minimum of 26 January, in 1,11.
But there is a positive divergence between the RSI and the price-action, with MACD up the signal line.
The broader trend is undoubtedly down to the players already looking at 1,10, up to September 1, 2003.
Probably, there will be very soon, sellers to challenge the minimum of 26 January, in 1,11.
But there is a positive divergence between the RSI and the price-action, with MACD up the signal line.
The broader trend is undoubtedly down to the players already looking at 1,10, up to September 1, 2003.
Member Since Nov 21, 2011
1718 posts
Mar 03, 2015 at 19:43
Cholipop posted:
Everyone may be bearish, but you may have larger orders going long, so it would make sense to move it up in order to give them the impression that it will spike up, then reverse done. The long will come, on high impact news, and when everyone is expecting a even bigger drop.
Perfect exemple of Cristall ball.... nice story!
forex_trader_202879
Member Since Aug 07, 2014
406 posts
Mar 04, 2015 at 07:59
Do you believe that waiting for news release is an efficient way to earn money in forex? Floating back in red and green, or sitting in red waiting for news to save you isn't a very good way to have growth even in the short term. Recall that EU started its drop from 1.39xx levels exactly one year ago. Back then everyone was screaming 1.40 and 1.42 even 1.50 and look what that once speech by Mario did. If we simply respect price action can we then make money day in and day out in forex.
Member Since Nov 21, 2011
1718 posts
Mar 04, 2015 at 11:09
I feel there is a very strong support in middle of nowhere... and EURUSD will bounce from a double bottom... just kidding : )
Target is near:
https://www.myfxbook.com/forex-charts/EURUSD,D1/3494
Target is near:
https://www.myfxbook.com/forex-charts/EURUSD,D1/3494
Member Since Apr 08, 2014
1141 posts
Mar 04, 2015 at 11:36
During the course of yesterday session, EURUSD went back and forth, creating another doji candle. We continue to trade in the “no man’s land” between 1.1236 downward to 1.1097.
I do not expect any movement beyond “no man’s land” range before the ECB monetary policy tomorrow and U.S jobs report on Friday.
I do not expect any movement beyond “no man’s land” range before the ECB monetary policy tomorrow and U.S jobs report on Friday.
"I trade to make money not to be right."
Member Since Jun 08, 2014
454 posts
Mar 04, 2015 at 18:29
EUR/USD continue the downtrend after breaking the support level 1.15 price now has no restrains to push lower. positive nonfarm payroll this week might push the price under 1.1000
Member Since Nov 21, 2011
1718 posts
Mar 04, 2015 at 18:37
For those who are keen on doji candlestick:
Attachments:
Member Since Jun 08, 2014
454 posts
Mar 04, 2015 at 19:13
I mean 1150 😁
Member Since Aug 30, 2012
104 posts
Mar 04, 2015 at 20:45
I got a new pattern, will upload it soon on how it works.... caught all of it today perfect entry before the news rolled out....
Attachments:
LIKE MY TRADE ALERT POST! TRY IT FREE! NO SIGN UP! 100% FREE - w.w.w.ForexAlertSystem.c.o.m "CLICK ON BIG GREEN TRIAL BUTTON"
Mar 04, 2015 at 23:54
sherifFares posted:
EUR/USD continue the downtrend after breaking the support level 1.15 price now has no restrains to push lower. positive nonfarm payroll this week might push the price under 1.1000
It will go to 1.07 levels in march/apri IMO dude
THIS IS A MARATHON, NOT A SPRINT.
forex_trader_202879
Member Since Aug 07, 2014
406 posts
Mar 05, 2015 at 07:26
A very nice drop of EU exactly 1 year after MARIO took EU down from 1.3999 to where it is now. It will be very interesting to see what happens next with EU.
Member Since Feb 25, 2015
4 posts
Mar 05, 2015 at 07:28
CrazyTrader posted:
I feel there is a very strong support in middle of nowhere... and EURUSD will bounce from a double bottom... just kidding : )
Target is near:
https://www.myfxbook.com/forex-charts/EURUSD,D1/3494
@CrazyTrader , Why haven't you updated your account? I see cholipop has made very good profit, and now it looks like you margin called. What happened?
